Latest News:- Glabridin (CAS 59870-68-7) Market: HPLC 20 percent is expected to lead the Type segment during 2024-2028

Glabridin (CAS 59870-68-7) Market to grow at a CAGR of 5.2% during 2024-2028

The Glabridin (CAS 59870-68-7) Market is expected to grow at a CAGR of 5.2% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 7652.4 million. In the current market landscape, the demand for highly purified glabridin (CAS 59870-68-7) is escalating due to its extensive applications in the cosmetics, skincare, and pharmaceutical sectors. To meet this demand, advanced separation techniques are being developed to ensure the purity and quality of this natural compound. Macroporous resin purification has emerged as a promising method for the selective adsorption of glabridin (CAS 59870-68-7) from complex mixtures. This technique utilizes resins with a porous structure to effectively isolate glabridin (CAS 59870-68-7) while removing impurities. Researchers manipulate parameters such as pH and solvent type to optimize the purification process and obtain glabridin (CAS 59870-68-7) of the highest purity levels. 

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The HPLC 20 percent subsegment is expected to dominate the Type segment during the forecast period 

Technavio analysts predict that the HPLC 20 percent subsegment will lead the Type segment during 2024 and 2028 HPLC-verified Glabridin 20% (CAS 59870-68-7) is a 20% concentration of the natural compound Glabridin (CAS 59870-68-7), derived from licorice root. This ingredient undergoes rigorous High-Performance Liquid Chromatography (HPLC) testing to ensure a purity level of 20%. This variant is suitable for formulations that necessitate a lower concentration of Glabridin (CAS 59870-68-7). Primarily used in skincare, it offers skin-brightening and antioxidant benefits. Its applications include reducing uneven skin tone, minimizing hyperpigmentation and dark spots, providing antioxidant protection, soothing sensitive skin, aiding in sun damage repair, and potentially contributing to acne management. This moderate-strength Glabridin (CAS 59870-68-7) is commonly incorporated into cosmetics and skincare products.

Here are the various ways based on which the market is segmented: 

• Type
  • HPLC 20 percent
  • HPLC 40 percent
  • HPLC 60 percent
  • HPLC 90 percent
  • HPLC 98 percent
• Application
  • Cosmetics
  • Pharmaceutical
• Geography
  • APAC
  • North America
  • Europe
  • South America
  • Middle East and Africa

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There are several factors that are causing the market to flourish growing cosmetics industry in developing countries

Learn which are the obstacles that the market is experiencing in the way of its growth by accessing the free PDF report

Research Analysis Overview

Glabridin, with the chemical structure of an isoflavan isoflavone and the CAS number 59870-68-7, is a natural phenol found in the root of the licorice plant. This chemical compound is gaining significant attention in the pharmaceutical and cosmetic industries due to its humectant properties, which help maintain skin moisture, and its ability to act as a free-radical scavenger. Moreover, glabridin is a potent tyrosinase inhibitor, making it an effective skin-lightening agent. The market for glabridin is expanding, with applications in both the pharmaceutical and cosmetic sectors. Quality management and technological advancements, such as digital technologies, are essential in ensuring the production of high-quality raw materials. Safety and environmental regulations, economic conditions, and regulatory changes are crucial factors impacting the market's growth. The technological roadmap for glabridin includes ongoing research and development to improve its extraction methods, enhance its efficacy, and expand its applications. The availability of raw materials is a significant challenge, as licorice root is a finite resource. Therefore, sustainable farming practices and alternative extraction methods are being explored to ensure a steady supply. Overall, the future of the glabridin market looks promising, with continued innovation and growth in the pharmaceutical and cosmetic industries.

Market Research Overview

The global specialty chemicals market encompasses businesses specializing in high-value-add chemicals, primarily used in the production of fine chemicals, additives, advanced polymers, adhesives, sealants, specialty paints, pigments, and coatings. According to Technavio, the market size is determined by the consolidated revenue generated by these companies. Key growth drivers include the increasing preference for specialty adhesives and sealants, with rising demand fueling market expansion throughout the forecast period.

The Glabridin (CAS 59870-68-7) Market is experiencing significant growth, fueled by the growing cosmetics industry in developing countries. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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